NAMA urged all parties to the dispute to resolve their issues as quickly as possible so Arik can resume flight operations.
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“On the 19th day of July 2024, the enforcement department of the FCT High Court enforced an Order made by the Court regarding a debt of $2.5 million owed by Arik Airline to one Atlas Petroleum International Ltd by attaching their aircraft,” NAMA said. It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall.NAMA explained that the judgement was registered in the FCT High Court and that on 26 June, Justice O. A. Adeniyi, then sitting in Court 8, Maitama in Abuja, made an order after hearing the motion filed on behalf of Atlas Petroleum.
The agency also said the aviation minister, Festus Keyamo, being a senior advocate, understands the implication of the Supreme Court order dismissing the motion for leave to appeal. He said NAMA’s decision also disregards ongoing judicial processes, explaining that on 26 February 2016, a judgement was made in favour of Atlas Petroleum International Limited and Engineer Arthur Eze.
“We believe this action undermines the rule of law and sets a dangerous precedent, prioritising unsecured private interests over the public good and the rights of secured creditors. We are committed to following the legal process and have full faith in the judiciary to resolve these matters fairly.” It said the authority has instructed all airport managers across the country to assist the affected passengers as Arik Airline works out plans to rebook and transfer passengers to other available flights.
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